Question: You borrow $ 1 4 , 0 0 0 . 0 0 to buy a car at 8 . 9 % compounded quarterly. You'll repay
You borrow $ to buy a car at compounded quarterly. You'll repay the loan in equal monthly payments over years. Payments are made at the end of each month.
What is the size of the monthly payment?
Question options:
$
$
$
$
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